Common use of Prior to Event of Default Clause in Contracts

Prior to Event of Default. Prior to an Event of Default, all payments made hereunder shall be applied as directed by the Borrower, but such payments are subject to the terms of this Agreement.

Appears in 9 contracts

Samples: Credit Agreement (Rowan Companies PLC), Credit Agreement (Helmerich & Payne, Inc.), Credit Agreement (Rowan Companies PLC)

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Prior to Event of Default. Prior to an Event of Default, all payments made hereunder shall be applied as directed by the Borrower, but such payments are subject to the terms of this Agreement, including the application of prepayments according to Section 2.6.

Appears in 6 contracts

Samples: Credit Agreement (Nine Energy Service, Inc.), Credit Agreement (Nine Energy Service, Inc.), Credit Agreement (Nine Energy Service, Inc.)

Prior to Event of Default. Prior to an Event of Default, all payments made hereunder shall be applied as directed by the applicable Borrower, but such payments are subject to the terms of this Agreement, including the application of prepayments according to Section 2.7.

Appears in 5 contracts

Samples: Credit Agreement (Complete Production Services, Inc.), Credit Agreement (Complete Production Services, Inc.), Credit Agreement (Complete Production Services, Inc.)

Prior to Event of Default. Prior to an Event of Default, all payments made hereunder shall be applied as directed by the BorrowerBorrowers, but such payments are subject to the terms of this Agreement.

Appears in 2 contracts

Samples: Credit Agreement (Rowan Companies PLC), Credit Agreement (Rowan Companies PLC)

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Prior to Event of Default. Prior to an Event of Default, all payments made hereunder shall be applied as directed by the Borrower, but such payments are subject to the terms of this Agreement, including the application of prepayments according to Section 2.7.

Appears in 2 contracts

Samples: Credit Agreement (Select Energy Services, Inc.), Credit Agreement (Select Energy Services, Inc.)

Prior to Event of Default. Prior to Except during an Event of Default, all payments made hereunder shall be applied as directed by the Borrower, but such payments are subject to the terms of this Agreement, including the application of prepayments according to Section 2.11.

Appears in 1 contract

Samples: Credit Agreement (Superior Energy Services Inc)

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